Retail Property


Sold on 10 Jul 2017

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    Retail Property in Russell


      Vendor believes this must be the largest commercial property opportunity offered for many years in the popular holiday destination in Russell Bay of Islands. Comprising of no less than three titles -land area 559m2, 1036m2 and 938m2.
      The buildings varied beginning with the world renowned Just Imagine specialty gallery,with a floor area of 233m2 - land area 559m2. This building has the capacity to be further developed to house up to 4 commercial premises if so desired or ideally apartments, permanent or holiday. Separate electrics are already in place, currently, 2 bathrooms and 2 office spaces as well as large retails spaces - security cameras in place.
      The building known as the Masonic Hall has a floor area of 268m2 on 1036 m2 fully equipped commercial licensed kitchen, male and female toilets, large hall plus an additional space currently home to lodge members.
      Finally there is a 2/3 bedroom dwelling with a comfortable living area on 938 m2 site, all zoned commercial. Combined, the properties provide many opportunities for the innovative entrepreneur to create perhaps a Corporate Centre/ Digital Theatre Complex.
      There could also be the possibility to purchase the properties in combinations of two if required.
      With two road frontages entry and exits are easily catered for as is car parking, super stores or a hospitality complex would suit just as well.
      The vendor is willing to discuss options including an attractive finance package to the approved purchaser.

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